A. that is combined both the capitalist and socialist systems
B. the freedom of choice in the production and consumption of goods and services
C. that government intervenes to secure full utilization of resources
D. that economy decisions are determined by market forces
E. that the absence of profit motive in the public sector may reduce incentives for hard work
Correct Answer:
Option E – that the absence of profit motive in the public sector may reduce incentives for hard work
Veterinary medicine is the branch of medicine that deals with the prevention, diagnosis, and treatment…
Anthropology is the scientific study of human beings and their cultures. It encompasses a wide…
Sociology is the scientific study of human society, culture, and behavior. It examines the social…
Social Work is a profession dedicated to helping individuals, families, and communities to cope with…
Religious studies is an academic discipline that explores the beliefs, practices, and history of various…
Public administration is the field of study and practice that focuses on the organization and…